Wheaton Precious Metals Stock Price, News & Analysis (NYSE:WPM) $49.05 -0.10 (-0.20%) (As of 04:32 PM ET) Add Compare Share Share Today's Range$48.77▼$49.4450-Day Range$38.81▼$49.1552-Week Range$37.30▼$52.76Volume1.98 million shsAverage Volume1.95 million shsMarket Capitalization$22.22 billionP/E Ratio41.22Dividend Yield1.22%Price Target$52.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Wheaton Precious Metals MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside7.8% Upside$52.88 Price TargetShort InterestBearish3.93% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.06Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth18.18%From $1.10 to $1.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 starsBasic Materials Sector119th out of 165 stocksGold & Silver Ores Industry20th out of 32 stocks 1.3 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.88, Wheaton Precious Metals has a forecasted upside of 7.8% from its current price of $49.03.Amount of Analyst CoverageWheaton Precious Metals has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.93% of the float of Wheaton Precious Metals has been sold short.Short Interest Ratio / Days to CoverWheaton Precious Metals has a short interest ratio ("days to cover") of 11, which indicates bearish sentiment.Change versus previous monthShort interest in Wheaton Precious Metals has recently decreased by 4.93%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.26%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWheaton Precious Metals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Wheaton Precious Metals is 50.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 46.15% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWheaton Precious Metals has received a -134.06% net impact score from Upright. The largest negative impact of Wheaton Precious Metals in category "GHG emissions" seems to be driven mostly by its "Mutual funds investing in gold", "Mutual funds investing in silver", and "Mutual funds investing in cobalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Wheaton Precious Metals is -3.48. Previous Next 3.4 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.29 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Wheaton Precious Metals this week, compared to 5 articles on an average week.Search Interest12 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.Percentage Held by Institutions58.51% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 18.18% in the coming year, from $1.10 to $1.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 41.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 41.20, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.12.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 3.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWheaton Precious Metals has a P/B Ratio of 3.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wheaton Precious Metals Stock (NYSE:WPM)Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 10, 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.Read More WPM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WPM Stock News HeadlinesNovember 29, 2023 | msn.comGOLD, KGC, or WPM: Which Gold Stock Could Deliver the Best Returns?November 28, 2023 | finance.yahoo.comStocks Today End Mixed, Small Caps Ease As Gold Surges; This Bitcoin Play Breaks OutNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 28, 2023 | finance.yahoo.comStocks Today Waffle, Small Caps Down As Gold Surges; This Bitcoin Play Breaks OutNovember 27, 2023 | finance.yahoo.comWheaton Precious Metals Corp's Dividend AnalysisNovember 23, 2023 | americanbankingnews.comWheaton Precious Metals Corp. (NYSE:WPM) Given Average Rating of "Moderate Buy" by AnalystsNovember 23, 2023 | americanbankingnews.comWheaton Precious Metals Corp. (NYSE:WPM) Receives $52.88 Consensus Target Price from BrokeragesNovember 23, 2023 | americanbankingnews.comWheaton Precious Metals Corp. (NYSE:WPM) Expected to Post FY2024 Earnings of $1.45 Per ShareNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 22, 2023 | finance.yahoo.comWheaton (WPM), VALE Announce Salobo's First Phase Test ClearanceNovember 21, 2023 | finance.yahoo.comWheaton Precious Metals and Vale Base Metals Announce Achievement of First Phase Completion Test at SaloboNovember 20, 2023 | seekingalpha.comWheaton Precious Metals: Recent Transactions Augment Already Strong Growth ProfileNovember 19, 2023 | americanbankingnews.comRaymond James Increases Wheaton Precious Metals (NYSE:WPM) Price Target to $57.00November 18, 2023 | finance.yahoo.comWheaton Precious Metals Corp.'s (TSE:WPM) Stock Is Going Strong: Have Financials A Role To Play?November 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Ero Copper (ERO), Danimer Scientific (DNMR) and Wheaton Precious Metals (WPM)November 16, 2023 | finance.yahoo.comThe Advantages of Investing in Silver Using ETFsNovember 16, 2023 | finance.yahoo.comWheaton (WPM) Inks Deal to Acquire Three Existing StreamsNovember 15, 2023 | seekingalpha.comWheaton Precious Metals acquires $530M in existing, new metals streamsNovember 15, 2023 | finance.yahoo.comWheaton Precious Metals Announces the Acquisition of Existing Streams from Orion Mine Finance Including the Platreef and Kudz Ze Kayah Projects, and Enters into a New Stream on the Curraghinalt ProjectNovember 13, 2023 | finance.yahoo.comCompany News for Nov 13, 2023November 11, 2023 | benzinga.comWheaton Precious Metals Stock (NYSE:WPM) Earnings Dates and Earning CallsNovember 11, 2023 | theglobeandmail.comClosing Bell: Wheaton Precious Metals Corp flat on Friday (WPM)November 11, 2023 | markets.businessinsider.comResilience and Strategic Foresight: Factors Behind Przybylowski’s Buy Rating on Wheaton Precious MetalsNovember 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM), Intrepid Potash (IPI) and Russel Metals (OtherRUSMF)November 10, 2023 | finance.yahoo.comWheaton (WPM) Q3 Earnings Beat, Rise Y/Y on Higher PricesNovember 10, 2023 | uk.investing.comWheaton Precious Metals Corp (WPM)November 10, 2023 | finance.yahoo.comWheaton Precious Metals Corp. (WPM) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesSee More Headlines Receive WPM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wheaton Precious Metals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/11/2023Ex-Dividend for 9/7 Dividend8/24/2023Dividend Payable9/07/2023Ex-Dividend for 12/8 Dividend11/27/2023Today11/29/2023Dividend Payable12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:WPM CUSIPN/A CIK1323404 Webwww.wheatonpm.com Phone(604) 684-9648Fax604-684-3123Employees42Year FoundedN/APrice Target and Rating Average Stock Price Target$52.88 High Stock Price Target$62.00 Low Stock Price Target$37.00 Potential Upside/Downside+7.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.19 Trailing P/E Ratio41.21 Forward P/E Ratio44.58 P/E Growth3.1Net Income$669.13 million Net Margins57.03% Pretax Margin56.22% Return on Equity6.94% Return on Assets6.89% Debt Debt-to-Equity RatioN/A Current Ratio38.93 Quick Ratio38.82 Sales & Book Value Annual Sales$1.07 billion Price / Sales20.86 Cash Flow$1.68 per share Price / Cash Flow29.17 Book Value$15.11 per share Price / Book3.25Miscellaneous Outstanding Shares453,000,000Free FloatN/AMarket Cap$22.22 billion OptionableOptionable Beta0.59 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Randy V. J. Smallwood P.Eng. (Age 58)President, CEO & Director Comp: $2.06MMr. Gary D. Brown CA (Age 56)CFA, Senior VP & CFO Comp: $934.58kMr. Curt Domenico Bernardi (Age 55)Senior VP of Legal & Corporate Secretary Comp: $955.37kMr. Haytham Henry HodalySenior Vice President of Corporate DevelopmentMr. Neil Burns M.Sc.P.Geo., Vice President of Technical ServicesEmma MurrayVice President of Investor RelationsSimona AntolakVice President of Communications & Corporate AffairsMr. Nikola TatarkinPresident of Wheaton Precious Metals International LtdMr. Jamie BeirnesVP & ControllerMr. G. Wesley Carson P.EngVice President of Mining OperationsMore ExecutivesKey CompetitorsFranco-NevadaNYSE:FNVAgnico Eagle MinesNYSE:AEMBarrick GoldNYSE:GOLDGold FieldsNYSE:GFINewmontNYSE:NEMView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 152,826 shares on 11/24/2023Ownership: 0.800%EP Wealth Advisors LLCSold 1,354,009 shares on 11/24/2023Ownership: 0.001%Public Sector Pension Investment BoardSold 3,482 shares on 11/22/2023Ownership: 0.014%Spears Abacus Advisors LLCSold 2,828 shares on 11/21/2023Ownership: 0.026%Walleye Capital LLCBought 9,200 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Wheaton Precious Metals was last updated on Tuesday, November 28, 2023 at 10:19 PM. Pros Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.: Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America, providing a diverse market presence. The company produces and sells gold, silver, palladium, and cobalt deposits, offering a range of valuable commodities. Wheaton Precious Metals Corp. has a long history, founded in 2004, and has established itself as a reputable player in the industry. Recent developments indicate that Wheaton Precious Metals Corp. is focused on dividend payouts, which can be attractive to investors seeking regular income. The current stock price of Wheaton Precious Metals Corp. is a relevant factor for investors to consider, as it can provide insights into the company's valuation and potential returns. Cons Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons: Market volatility and fluctuations in precious metal prices can impact the profitability of Wheaton Precious Metals Corp. As a company primarily focused on precious metals, Wheaton Precious Metals Corp. may be susceptible to changes in supply and demand dynamics in the industry. Investing in commodities like gold, silver, palladium, and cobalt carries inherent risks, including price volatility and geopolitical factors. While dividend payouts can be attractive, they are not guaranteed and may be subject to changes based on the company's financial performance. Investors should carefully consider their risk tolerance and diversify their investment portfolio to mitigate potential risks associated with investing in a single company. WPM Stock Analysis - Frequently Asked Questions Should I buy or sell Wheaton Precious Metals stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WPM shares. View WPM analyst ratings or view top-rated stocks. What is Wheaton Precious Metals' stock price target for 2024? 9 analysts have issued twelve-month target prices for Wheaton Precious Metals' stock. Their WPM share price targets range from $37.00 to $62.00. On average, they expect the company's share price to reach $52.88 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View analysts price targets for WPM or view top-rated stocks among Wall Street analysts. How have WPM shares performed in 2023? Wheaton Precious Metals' stock was trading at $39.08 at the beginning of 2023. Since then, WPM stock has increased by 25.9% and is now trading at $49.20. View the best growth stocks for 2023 here. When is Wheaton Precious Metals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our WPM earnings forecast. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) announced its quarterly earnings results on Friday, August, 11th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The firm had revenue of $264.97 million for the quarter, compared to the consensus estimate of $250.73 million. Wheaton Precious Metals had a net margin of 57.03% and a trailing twelve-month return on equity of 6.94%. The firm's revenue for the quarter was down 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 earnings per share. How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals? Wheaton Precious Metals announced a quarterly dividend on Thursday, November 9th. Stockholders of record on Tuesday, November 28th will be given a dividend of $0.15 per share on Friday, December 8th. This represents a $0.60 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Monday, November 27th. Read our dividend analysis for WPM. Is Wheaton Precious Metals a good dividend stock? Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.26%. The dividend payout ratio is 50.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 46.15% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WPM. What ETF holds Wheaton Precious Metals' stock ? iShares North American Natural Resources ETF holds 112,445 shares of WPM stock, representing 0.84% of its portfolio. What other stocks do shareholders of Wheaton Precious Metals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Wheaton Precious Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD). Who are Wheaton Precious Metals' major shareholders? Wheaton Precious Metals' stock is owned by many different retail and institutional investors. Top institutional investors include First Eagle Investment Management LLC (4.64%), Van ECK Associates Corp (4.12%), FMR LLC (3.56%), Massachusetts Financial Services Co. MA (1.67%), Mirae Asset Global Investments Co. Ltd. (1.07%) and Vaughan Nelson Investment Management L.P. (1.00%). Insiders that own company stock include Chantal Gosselin, Curzio Domenico Bernardi, Douglas Martin Holtby, Eduardo Luna, Gary Duncan Brown, Haytham Henry Hodaly, John Brough, Patrick Eugene Drouin, Randy Smallwood and Randy V J Smallwood. View institutional ownership trends. How do I buy shares of Wheaton Precious Metals? Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:WPM) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Wheaton Precious Metals Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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